[MonteQuest]

$this->bbcode_second_pass_quote('OilFinder2', ' ')So not just one, but two of the problems you cited are now correcting themselves.

$this->bbcode_second_pass_quote('MonteQuest', 'A')nd I stick with my assumption:

$this->bbcode_second_pass_quote('', 'A')s the US baby boomers retire, they will further depress the savings rate as they draw down their savings in an effort to make up the difference between the salaries they earned on the job and their smaller Social Security payments.

[MonteQuest]

$this->bbcode_second_pass_quote('OilFinder2', ' ')The savings rate is now going up.

$this->bbcode_second_pass_quote('MonteQuest', '')$this->bbcode_second_pass_quote('OilFinder2', ' ')So not just one, but two of the problems you cited are now correcting themselves.

$this->bbcode_second_pass_quote('MonteQuest', '')$this->bbcode_second_pass_quote('OilFinder2', ' ')The savings rate is now going up.

[MonteQuest]

$this->bbcode_second_pass_quote('OilFinder2', ' ')If baby boomers, as you admitted, are deferring retirement in increasing numbers, there will be no need for them to deplete their savings and draw on Social Security, and thus, the problem you cited will not exist!

[MonteQuest]

$this->bbcode_second_pass_quote('OilFinder2', ' ') $this->bbcode_second_pass_quote('MonteQuest', 'S')o, in one or two quarters time, people suddenly have rebound ability?

[MonteQuest]

$this->bbcode_second_pass_quote('OilFinder2', 'H')ow do you know it's "too late?" What if it's "just in time?" How could you tell it was "too late" anyway?

$this->bbcode_second_pass_quote('MonteQuest', '')$this->bbcode_second_pass_quote('OilFinder2', ' ')If baby boomers, as you admitted, are deferring retirement in increasing numbers, there will be no need for them to deplete their savings and draw on Social Security, and thus, the problem you cited will not exist!

$this->bbcode_second_pass_quote('MonteQuest', '')$this->bbcode_second_pass_quote('OilFinder2', 'H')ow do you know it's "too late?" What if it's "just in time?" How could you tell it was "too late" anyway?

$this->bbcode_second_pass_quote('MonteQuest', '')$this->bbcode_second_pass_quote('OilFinder2', ' ') $this->bbcode_second_pass_quote('MonteQuest', 'S')o, in one or two quarters time, people suddenly have rebound ability?

[MonteQuest]

Get someone else to play your game.

[shortonsense]

$this->bbcode_second_pass_quote('MonteQuest', 'G')et someone else to play your game.

[mos6507]

$this->bbcode_second_pass_quote('MonteQuest', 'G')et someone else to play your game.

[Revi]

I think it's any port in a storm. We are going to have big problems in the new year when all those mortgages roll over, 2 million less people working and more layoffs coming.

I agree with Monte. The storm has begun.

[kublikhan]

$this->bbcode_second_pass_quote('MonteQuest', '')$this->bbcode_second_pass_quote('OilFinder2', ' ')So not just one, but two of the problems you cited are now correcting themselves.

[Revi]

The correction this time is going to be really nasty. It's too bad we didn't let the 2002 recession happen. We wouldn't be in the place we're in now. There is a lot of pain that has to happen before we get to the bottom of this one. I heard that real estate prices may continue to go down for four more years! It looks like deflation may continue for another year or two, followed by inflation that eats away at the baby boom's savings again.

It's an ugly picture.

[MonteQuest]

$this->bbcode_second_pass_quote('kublikhan', ' ') Better to have the correction start now then to try and defer it into the future when it will be even more painful.

[shortonsense]

$this->bbcode_second_pass_quote('MonteQuest', 'T')he future is just around the corner.

[MonteQuest]

$this->bbcode_second_pass_quote('shortonsense', ' ')So...how many MORE futures just around the corner do you think we need to wait before we get more than a well deserved recession?